Embedded Non-Volatile Memory Market - Proliferation of IoT Devices Drives Growth

Memory technologies have made some spectacular advances over the past few years with the development of embedded electronics. Embedded non-volatile memory (eNVM) is a significant technology advancement that has made modern computing systems faster and scalable. Compared to stand-alone flash memories, eNVM technologies have improved in-system re-programmability and made electronics designs more flexible.

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The demand for improving the memory density in computers and the need for augmenting the performance of mobile terminals are key factors driving the growth of the embedded non-volatile memory market. The demand for low-voltage electronics products has further boosted the adoption of eNVM technologies. Some of the key applications of embedded non-volatile memory technology are programming, trimming, data encryption, coding, and identification.

Popular eNVM technologies include eFlash, embedded one-time-programmable (eOTP), electrically erasable programmable read-only memory (eE2PROM) and emulated multi-time programmable (eMTP). With the exception of eOTP, all these allow multiple reprogramability. The proliferation of IoT devices and the growing popularity of cloud-based services in emerging and developed nations are the key developments bolstering the uptake of embedded non-volatile memory technology.

Several manufacturers of the technology are exploring a number of end-use segments to gain competitive edge over others. In recent years, the adoption of eNVM technology is proving lucrative for the automotive industry. In addition, the design of advanced robotics systems for integrated memory features is also expected to accentuate the market in the coming years.

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Embedded memory technology forms an integral part of any system that requires higher performance, less power consumption, small physical volume and mobility. Specifically, embedded non-volatile memories (eNVM) is primarily used to make mobile terminals having high performance.

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